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Yeet.com, a new crypto bettabets online and sportsbook, today announced it has raised $7.75 million in a funding round led by crypto venture fund Dragonfly, with participation from notable angel investors like Pudgy Penguins CEO Luca Netz and LayerZero CEO Bryan Pellegrino. The company plans to lease the county-owned facility that has remained largely unused since the coronavirus pandemic. Their proposal would feature a towering glass building overlooking the amusement park in the heart of the waterfront community.
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Metropolitan Park would be created on a 50-acre piece of parkland that has been used as a parking lot since the 1939 World’s Fair — as well as for events such as carnivals and a variety of other public uses. Steve Cohen, the billionaire owner of the New York Mets, has floated the possibility of building a casino as part of an entertainment complex on the 50-acre asphalt parking lot next to Citi Field. Related Companies, a New York City real estate giant, and Wynn Resorts are looking to build a casino from the ground up in an undeveloped area of Hudson Yards, located on the Far West Side of Manhattan.
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The two “racinos” at Aqueduct and Yonkers Raceway appear to be favorites for winning two of the three downstate casino licenses. They have both been in operation for more than a decade and have made hundreds of millions on the VLT slot machine-like devices at each location, but introducing table games at both locations would make both ventures even more lucrative. Bids were submitted back in 2023 after state lawmakers approved the opening of three downstate casinos, each of which would feature full gaming tables for roulette, blackjack, poker, and other high-stakes action. The state is expected to finally award those three licenses at the end of 2025, and the highest-rolling entities are staking big bets that they will be one of the three lucky winners at the end of the vetting process. Ensuring that you play at an online casino site in the US that is regulated and meets the requirements set out by law is vital for player safety.
Saajan Jogia is a motorsport and automotive writer with over ten years of experience. His passion for cars and motorcycles has been a driving force behind his evolution as a writer. He has extensively covered Formula 1, MotoGP, IndyCar, NASCAR, WEC, and technology for publications including Sports Illustrated, The Sporting News, Newsweek, and Men’s Journal.